Over the last decade Shariah-compliant funds have emerged as one of the most eloquent expressions of Islamic Finance, exemplifying its evolution into a dynamic and diverse industry. Understanding the issues faced in developing, managing and investing into these financial products constitutes an integral component of Islamic wealth management.
In order to identify key trends within this landscape, one must first scrutinise the industry’s make-up, from fund origination to product evolution. This provides the groundwork to further analyse how assets are being allocated as well as overall fund performance (from risk-return relationships, sector correlations, to fund behaviour across various market cycles).
